Forex_Society

GBPZAR WEEKLY ANALISYS

Long
Forex_Society Updated   
OANDA:GBPZAR   GBP/ZAR
Amazing set up formed on the weekly timeframe where price has broke above the descending Tl forming a new HH and completed a 5th wave in the higher timeframes after a retest to that previous mentioned TL that lines up with MP fib level

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Comment:
waiting and monitoring how price reacts at the 18.74 area if we get a clsoe abvoe it in the daily tiemframe we might start looking for long positions

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